The Board of Directors at Enerflex (EFXT, Financial) has disclosed its intention to bolster corporate governance by launching a search for a qualified independent director this year. This strategic move underscores the Board's commitment to governance excellence and its proactive approach to enhancing leadership capabilities.
In addition to seeking an independent director, the Board has set a significant inclusion goal. By the company's 2026 annual gathering, Enerflex aims to ensure that women comprise at least 30% of its Board seats. This decision highlights the company's dedication to fostering gender diversity within its leadership structure.
These initiatives reflect Enerflex's broader strategy to align its practices with modern governance principles, ensuring that the Board is well-equipped to guide the company's future growth and success.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Enerflex Ltd (EFXT, Financial) is $12.00 with a high estimate of $14.00 and a low estimate of $10.00. The average target implies an upside of 86.63% from the current price of $6.43. More detailed estimate data can be found on the Enerflex Ltd (EFXT) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Enerflex Ltd's (EFXT, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Enerflex Ltd (EFXT, Financial) in one year is $7.97, suggesting a upside of 23.95% from the current price of $6.43. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Enerflex Ltd (EFXT) Summary page.
